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There’s another digital currency in town, and its name is YoCoin. The question is: Can YoCoin give bitcoin a run for its money? We’ll have to wait and see. But YoCoin is pitching itself as a “new cryptocurrency with mainstream appeal.” “Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, peer-to-peer digital currency based on the Scrypt mining algorithm, making it far more accessible than bitcoin is when it comes to mining.
According to a report from Harvard Business School, as many as three out of four startups fail to succeed in the long term. To hold their own amongst established competitors, startups need strong leadership teams and effective business strategy. I recently spoke with Tridivesh Kidambi, newly appointed CFO of CallFire, a technology company that provides voice and text connectivity to businesses, to learn more about how a company determines it needs a CFO and what it takes to be the CFO of a start
Visa and PayPal today (July 21) announced a strategic partnership that will combine the power of the largest payments network in the world with the largest digital payments network in the world to give consumers more choice about how they pay when using their PayPal accounts. According to a release that was issued by PayPal announcing the deal, “the partnership puts PayPal and Visa on a new path with the companies working more collaboratively to accelerate the adoption of safe, reliable and conv
Abra , the bitcoin remittance app, has made its way to the U.S. — via the iPhone and Android app options. What that means is that Abra customers in the U.S. or the Philippines can send money to each other using the app’s digital wallet that works with their bank accounts. The company noted in its release that this is the first move in helping it expand globally.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Amazon knows better than any retailer that sometimes a groundbreaking idea just needs to get its feet under itself before really taking off. It looks like that was the steady hand behind Prime Day’s start back in 2015 – and its phenomenal sophomore showing in 2016. Amazon released figures Wednesday (July 13) on its Prime Day sales, and the company is already calling it “the biggest day ever for Amazon.” Globally, orders were up 60 percent over Prime Day’s first iter
Ransomware may have started with consumers, but attacks against businesses and large organizations are on the rise, according to Symantec ’s Ransomware and Businesses 2016 report. The security software company said that, while individuals accounted for 57 percent of the recorded ransomware attacks in 2015, attacks on companies and larger organizations increased at the end of the year.
Ransomware may have started with consumers, but attacks against businesses and large organizations are on the rise, according to Symantec ’s Ransomware and Businesses 2016 report. The security software company said that, while individuals accounted for 57 percent of the recorded ransomware attacks in 2015, attacks on companies and larger organizations increased at the end of the year.
Will discount grocery stores like ALDI, Costco and Sam’s Club soon be facing some serious competition? Well, that’s what LogicLane , a new startup that offers discount wholesale groceries on its eCommerce marketplace, is certainly hoping. LogicLane recently opened its online marketplace to consumers and businesses after first beta testing it with an invitation-only period and can now connect customers to everything from a box of cereal to an entire pallet of cases of cereal boxes (the company is
Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. The country’s technology ecosystem is setting the foundation for good governance, infrastructure and increased capabilities, which makes it no surprise Singapore has gained attention for its tech initiatives.
Bitcoin may be a preferred method of payment for a slew of tech-savvy people, but it has yet to take off with the masses, or even micro-masses. iPayYou, the bitcoin wallet, is aiming to change that with a new service launched today (July 14). Dubbed Pay-by-Twitter, iPayYou is the first bitcoin wallet that enables Twitter’s 310 million monthly active users to make peer-to-peer payments over Twitter.
Big companies like PayPal have been dominating the digital payments world for many years. And then came Apple, along with the other tech companies, like Google and Samsung. And for years, banks have caught flack for not offering digital and mobile payments options that are up to snuff with what the tech giants have brought to market. Now, however, big banks are dusting off their old-fashioned ways and getting up to speed.
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Will the wonders of artificial intelligence ever cease? In the last decade or so, artificial intelligence has been increasing at a dramatic clip, and software developers and programmers have developed AIs that can do everything from beating a world class chess champion to diagnosing medical conditions to moving and stacking heavy objects on a factory floor.
In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we find ourselves back in Europe, where Brexit is all anyone can talk about. But we are heading to France, where the country’s capital city is making a name for itself as a booming tech center. Before we jump into the post, here are a few quick facts about Paris and its tech scene: Paris has an estimated population of 2,241,346.
Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Gen-Z shoppers, defined as those between the age of 14 and 19, are about to become the most coveted demographic in all of retail, according to a study entitled “The Next Generation of Retail” by retail marketing firm Interactions.
Who isn’t familiar with rewards programs that incentivize consumers to become more eager c ustomers? But one company has devised a rewards program that aims to go even further. Gregory Simon, CEO of “The Internet of Loyalty” platform provider, Loyyal Corporation, recently checked in with Karen Webster to discuss the company’s work with the Dubai government on the Dubai points program — a tourism incentive program that is expected to roll out in August 2016.
Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
It looks like StubHub is getting an upgrade – care of parent company eBay’s latest acquisition. eBay has snatched up Ticket Utils , a firm that specializes in the software that manages ticket distribution to multiple services. That technology will now be folded into StubHub – though StubHub was already integrated into the system.
If you’re like most people, at some point over the weekend, you probably watched something on Netflix. Eighty-one million people consume more than 100 million hours of programming every day via this wildly popular app. I am one of those 81 million people who, this month, is hooked on the drama of the Rayburn family in “ Bloodline.” That Danny Rayburn is one bad dude.
For years, retailers have lamented the fact that mobile traffic so rarely translates in equal numbers to in-store traffic. An entire industry has even sprung up around leveraging digital engagement into visits to brick-and-mortar store fronts. Retailers spend millions — and would gladly spend millions more — if there was some sure-fire way to turn consumers’ phones into magnets that pull toward their stores.
Your mother was right: You should always wear sunscreen. And it’s an axiom that the American Academy of Dermatology (AAD) keeps repeating over and over again as a way to ward off skin cancer, including melanoma, the deadliest form of skin cancer. According to its website, the AAD says that one in every five Americans will develop some form of skin cancer in their lifetime.
Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
When the average person confronts broken bathroom tiles, they can be expected to go through something like the five stages of grief described by Elizabeth Kubler-Ross: denial, anger, bargaining, depression and acceptance. The important part is that the average person gets to that last phase, acceptance, and resigns themselves to ordering new tiles and hoping for a better outcome.
Mastercard CIO Ed McLaughlin was often heard describing mastercard’s vision for commerce as one that would take it anywhere the consumer wanted to take it, including “to any connected device on the edge of the network.”. Today, we’re seeing that vision made reality. Network giant mastercard said on Thursday (July 14) that it is enhancing its digital payments service, masterpass, and making it available across a number of commerce channels and devices in an effort to bring true omnichannel shoppi
The search for inflation hedges and stability of purchasing power in a world of hyperinflation has led some in Venezuela to turn to the digital currency known as bitcoin. The state of “economic emergency,” as it has been termed by some observers and officially by President Nicolás Maduro, is so acute that the International Monetary Fund has estimated that the inflation rate could be as high as 480 percent this year and grow to as much as 1,640 percent next year.
Ridesharing firm Lyft has been getting ready to capitalize on investor desire to delve into transports and has been exploring raising additional funding or even selling itself to outside interests, Reuters has reported. The newswire said that the firm has been working with investment bank Qatalyst Partners, which is based in Silicon Valley. Reuters cited unnamed people familiar with the dialogue.
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Earlier this year, Visa announced the start of its second annual Everywhere Initiative , where startups go head-to-head to imagine the future of commerce. Three real-life business challenges gave 15 competing companies the chance to flex their commerce chops. Participants could use Visa’s APIs to create a payment solution, leverage social media channels to engage people at Visa-sponsored events or persuade Visa cardholders to go cardless.
The three largest banks in Australia – National Australia Bank, Commonwealth Bank of Australia and Westpac Banking Corp – have partnered up to lodge an anti-trust application with regulators in an attempt to collectively negotiate with Apple over whether or not their own in-house electronic payments apps can be set up to run properly on an iPhone.
It was only a decade or two ago that you’d be laughed out of the room for suggesting someone buy clothes or shoes online without trying them on first. Now that that barrier has fallen, though, might there be opportunities to sell more traditional products in nontraditional spaces ? Dawn Dickson thinks so, and she had something of a proof of concept in Flat Out of Heels , her company that sells rollable flats out of vending machines aimed at the female consumer who can’t spend another
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